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June 16, 2022
 
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National

 

Gunmaker Sig Sauer Sued by Veteran Claiming Pistol Goes Off by Itself

A pistol made by Sig Sauer and sold to law enforcement and civilians alike is prone to going off without the trigger being pulled, a...
 

Ford Recalls 3.3 Million Vehicles Over Rollaway Concerns

Ford Motor Co F.N is recalling more than 3.3 million vehicles in North America that could roll away because a damaged or missing part may...
 

Tesla Leads in Driver-Assisted Technology Crashes: NHTSA

Tesla Inc. reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker,...
 

Buffett Donates $4 Billion to Charity

Warren Buffett on Tuesday donated about $4 billion to the Bill & Melinda Gates Foundation Trust and four family charities, part of the...
 

People Moves: Liberty Mutual Promotes Foley, Ughetta; Ex-Regulator Joins Lemonade

Liberty Mutual Name Foley, Ughetta to New Posts Liberty Mutual Insurance announced that Melanie Foley has been named executive vice...
 

Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

As the InsurTech industry approaches the next wave of innovation, experts say this could mean navigating rough waters. "I believe what...
 

A Paradigm Shift, from ‘Buying Insurance’ to ‘Selling Risk’

Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a...
 

Tech Arms Race Favors Giant Commercial Carriers: Hartford Exec

Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to...
 
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East

 

New York's High Court Rejects Trump Bid to Skip Testifying in AG's Civil Suit

New York's highest court on Tuesday rejected former President Donald Trump's last-ditch effort to avoid testifying in the state attorney...
 

Safety Chief Reports on Boston Subway Crash That Injured 4 Workers

One of the trains involved in a crash on the Boston subway system that sent four workers to the hospital earlier this month did not stop...
 

Court Rules Bronx Zoo Elephant Named Happy Doesn't Qualify as a Person

Happy the elephant may be intelligent and deserving of compassion, but she cannot be considered a person being illegally confined to the...
 
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Midwest

 

3 Swept Away in Wisconsin Drainage Ditch After Severe Storms

A child and two men were missing Tuesday after they were swept away in a Milwaukee drainage ditch a day earlier following severe...
 

Judge Removes Barrier for Nebraska Medical Marijuana Campaign

A federal judge in Nebraska removed a major obstacle for activists who want to legalize medical marijuana via a ballot campaign, ruling...
 

South Dakota Health Care System Says Data Breach Affected 700

The private information of hundreds of patients at a Sioux Falls-based health care system have been compromised, according to the...
 
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Fastest Home & Auto Rollout in Modern Insurance History
 
Branch Insurance expanded into 14 states in just 1 year. Tune in live
on June 22 for a behind-the-scenes look at how they did it.
 
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Southeast

 

Wright to Pick Up United P&C's Flood Book in July

Wright National Flood Insurance Co. has announced it will take over United Property & Casualty's flood insurance book of business,...
 
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Insurance Jobs

 

Commercial Producer - Partner Insurance Advisors, Inc. - Fairfax, VA

 

Personal Lines Insurance Agent - San Diego, CA (Hybrid or in-office) - B.H. Gold Insurance Agency - San Diego, CA

 

Personal Lines Umbrella Underwriter - Carrier - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Surplus Lines Tax Filings / Compliance - 100% REMOTE - Work At Home Vintage Experts - Remote

 

Business Development Manager - Intact Insurance Specialty Solutions - Atlanta, GA, Chicago, IL, or Remote

 
 
 

South Central

 

Louisiana Woman Latest to be Sentenced in Staged Auto Accident

United States Attorney Duane A. Evans announced that Ishais Price, age 41, of New Orleans, Louisiana, was sentenced for Conspiracy to...
 

Texas' Skyward Specialty Adds Employed Lawyer Coverage

Houston, Texas-based Skyward Specialty Insurance Group, Inc. expanded its miscellaneous professional liability coverage to include errors...
 

CCIG Opens Office in Austin, Texas

CCI is expanding its services with the opening of a new location in Austin, Texas. CCIG specializes in construction and real estate...
 

Texas Power Use to Break More Records; ERCOT Under Pressure

Power demand in Texas will likely set new all-time highs on Thursday and Monday after breaking the prior record on June 12 as economic...
 
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West

 

Colorado Crash Involving SUV and Tractor-Trailer Kills 5

Five people from Wyoming, including an infant girl, are dead after the SUV they were in was rear-ended by a tractor-trailer in northern...
 

Arizona Jail Attack Lawsuit Settles for Nearly $12M

The Maricopa County Sheriff's Office in Arizona reached an $11.75 million settlement in a lawsuit involving a jail attack that seriously...
 

Northern Arizona Watches Winds as Western Wildfires Blaze

Calmer winds and cooler temperatures Tuesday allowed firefighters across the U.S. West to get a better handle on blazes that have forced...
 
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International & Reinsurance

 

UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation

Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules to boost...
 

Ukraine's Farming Industry Suffers $4.3 Billion in Damage From Russia's Invasion

Ukraine has suffered $4.3 billion in damage to farmland, machinery and livestock as a result of Russia's invasion, according to the Kyiv...
 

EU Aviation Watchdog Raises Alarm About Western-Made Aircraft Flying in Russia

The European Union's top aviation safety regulator said on Tuesday that he is "very worried" about the safety of Western-made aircraft...
 

Satellite Images Reveal Extensive Damage at Major Ukraine Crop Port

The extent of the damage to one of the biggest agricultural complexes in Ukraine earlier this month was confirmed by satellite images....
 

BMS Acquires Australian Retail Broker SRG Group

BMS, the London-based independent specialist insurance and reinsurance broker, announced the acquisition of SRG Group, the Australian...
 

Derecho Storm Ranks as Canada's 6th Largest Insured Loss on Record

The storm that swept through southern Ontario and parts of Quebec on Saturday, May 21, caused over C$875 million (US$676.3 million) in...
 

Lloyd's Broker Servca Launches Malta Office to Spearhead European Expansion

Servca, the independent Lloyd's broker that specializes in non-standard medical, financial and professional lines insurance, announced...
 

People Moves: Miller Names Markel's Duda for ILS in Bermuda; Howden LatAm Hires Hernandez as Regional General Counsel; Aon Appoints Parsons for UK Capital Advisory

This edition of International People Moves details appointments at three insurance brokers: Miller, Howden and Aon. A summary of these...
 
More International & Reinsurance News »
 
 

Insurance Journal Blogs and Columns

 

Cyber Hygiene Confidence Low, Again

Nearly three quarters of global cyber risk decision makers recently surveyed said their company experienced at least one cyberattack in...
 

Global Re/insurers See Average Premium Increases of 11% in Q1

Premium growth during the first quarter of 2022 saw an average increase of 11%, which was supported by continued favorable pricing for...
 

Abandoned Louisiana Oil Wells to Receive Clean Up in Infrastructure Bill

About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go toward...
 

Bill Would Let California Parents Sue for Social Media Addiction

California could hold social media companies responsible for harming children who have become addicted to their products, permitting...
 
More Blogs »
 
 

Research and Webinars

 
research

Online Face Verification in Insurance: 5 Ways To Enable Digital Transformation

How can insurance companies use online face verification as part of their digital transformation strategies? Download our report...
 
research

Behind the Scenes of the Fastest Home & Auto Rollout in Modern Insurance History

Branch Insurance expanded into 14 states in just 1 year. Tune in live on June 22 at 10am Pacific for a behind-the-scenes look at...
 
research

A Data-Driven Guide to Improving Workplace Safety

Data and analytics not only help develop preventative safety measures, but predictive safety measures as well. See how leading...
 
research

Third-party Risk Posture of the Top 99 US Insurance Companies

This report analyzes the top 99 insurance companies by net premiums written in order better understand their cyber posture and...
 
research

The High Price of "Business As Usual" in the Insurance Industry

AgentSync's Guide to the Price of "Business as Usual" in the Insurance Industry When an insurance organization considers adding...
 
More research and webinars »
 
 

Insurance Journal TV

 
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EP. 50: Next Steps for Insuring Cannabis: More Capacity, Truly National Marketplace

Some more capacity has finally arrived with increasing interest in insuring cannabis, and...
 
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EP. 39: Crypto Renaissance? Experts Say Renewed Interest in Digital Tokens is Sparking Insurance Conversations

Experts say there's been a resurgence of interest in cryptocurrency during the pandemic, and...
 
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